Bank Loan Calendar: $9.186 billion deals being marketed

October Lender Calls

NEW FORTRESS ENERGY INC. (NFE): Lender call Oct. 16; $835 million senior secured first-lien term B; Morgan Stanley, MUFG, Natixis, Citigroup, HSBC, JPMorgan, Santander, Wells Fargo and Deutsche Bank; repay a bridge loan and general corporate purposes; New York-based energy infrastructure company.

Upcoming Closings

ACTION HOLDING BV (PEER HOLDING III BV/PEER USA LLC): $1 billion seven-year term B-4 (Ba2/BB) talked at SOFR plus 350 bps, 0% floor, OID 99, 101 soft call for six months; Bank of America, Barclays, Deutsche Bank, BNP Paribas, Citigroup, Rabobank, Goldman Sachs, ABN AMRO, Credit Agricole, Natixis, RBC and SMBC; help fund a financing-related distribution and/or share buyback, and put cash on the balance sheet and/or for general corporate purposes; non-food discount retailer.

BGIS: Expected closing Oct. 23 week; $916 million senior secured covenant-lite first-lien term loan (B3/B) due May 31, 2028 talked at SOFR plus 450 bps, 0.5% floor, OID 98, 101 soft call for six months; Citigroup; refinance existing first- and second-lien term loans and fund tuck-in acquisition activity; integrated facilities management company.

CIENA CORP.: $670 million seven-year term B (Baa3/BB+) talked at SOFR plus 200 bps to 225 bps, 0% floor, OID 99.5, 101 soft call for six months; BofA Securities; refinance existing term B due 2025; Hanover, Md., networking systems, services and software company.

COOK & BOARDMAN GROUP (RED FOX CD ACQUISITION CORP.): $500 million seven-year term B (B3/B) talked at SOFR plus 500 bps, 0% floor, OID 96.5 to 97, 101 soft call for six months; BofA Securities, Goldman Sachs, TD Securities, Truist and Stifel; help fund acquisition of a majority stake by Platinum Equity from Littlejohn & Co. LLC and repay existing debt; Winston-Salem, N.C., distributor of commercial door and security integration solutions.

FR REFUEL LLC: $120 million incremental covenant-lite first-lien term loan (B3/B-) due Nov. 8, 2028 talked at SOFR plus 475 bps, 0.75% floor, OID 97, 101 soft call for six months; Citizens; term out revolver outstandings and fund an acquisition; Charleston, S.C., regional convenience store operator.

GENTIVA: $570 million add-on term B due February 2028 at SOFR plus 525 bps, 0.5% floor, OID 98; Goldman Sachs, Deutsche Bank, UBS, BNP Paribas, Citizens, Truist, Wells Fargo, Mizuho and Natixis; fund acquisition of Heartland hospice and home care agencies/locations from ProMedica and repay revolver draw; provider of hospice, palliative, and personal care services.

HOMESERVE NORTH AMERICA: $1.05 billion seven-year term B (B1/BB-) at SOFR plus 300 bps, 0% floor, OID 99, 101 soft call for six months; Deutsche Bank, MUFG, RBC, ING, BofA Securities and Brookfield; refinance existing capital structure; Norwalk, Conn., provider of low-cost service plans, repair and energy efficiency services.

MEDIMPACT (MI OPCO HOLDINGS INC.): $625 million five-year first-lien term B (B2/B+) talked at SOFR+10 bps CSA plus 675 bps to 700 bps, 0% floor, OID 95 to 96, non-call two, 102, 101, but if acquisition is not completed, non-call one, 101; BofA Securities; fund potential near-term acquisition opportunities; San Diego-based pharmacy benefit manager.

MINIMAX VIKING: Minimum $500 million term B (Ba3) due July 2028 talked at SOFR plus 275 bps to 300 bps, 0.75% floor, OID 99, 101 soft call for six months; Deutsche Bank, UniCredit and Commerzbank; also minimum €450 million term B (Ba3) due July 2028 talked at Euribor plus 325 bps to 350 bps, 0% floor, OID 99, 101 soft call for six months; amend and extend U.S. and euro term loans; Bad Oldesloe, Germany, fire protection company.

QLIK (PROJECT ALPHA INTERMEDIATE HOLDING INC.): $2.4 billion seven-year senior secured covenant-lite first-lien term B (B2/B/BB+) talked at SOFR plus 450 bps to 475 bps, 0.5% floor, OID 98 to 98.5, 101 soft call for six months; Morgan Stanley, BMO, Goldman Sachs, HSBC, BofA Securities, Citigroup, Mizuho and Scotia; refinance outstanding debt of Qlik and Talend; King of Prussia, Pa., data analytics company.

On The Horizon

APOTEX PHARMACEUTICAL HOLDINGS INC.: New debt financing; RBC, Scotia, HSBC and Truist; help fund buyout by SK Capital Partners LP; Toronto-based pharmaceutical company.

CETERA FINANCIAL GROUP: $2.001 billion credit facilities; UBS, Goldman Sachs, BMO, Deutsche Bank, Truist, Jefferies and Morgan Stanley; $1.0105 billion extended term loan, $690.5 million incremental term loan; $175 million extended revolver; $125 million incremental revolver; help fund acquisition of Avantax Inc.; San Diego-based financial advisor Wealth Hub.

EVERISE: New debt financing; BMO; support recapitalization in connection with investment by Warburg Pincus; Plantation, Fla., healthcare services outsourcing company.

HERSHA HOSPITALITY TRUST: New debt financing; Wells Fargo and Citigroup; help fund buyout by KSL Capital Partners LLC; Harrisburg, Pa. real estate investment trust that owns luxury and lifestyle hotels.

TEMPUR SEALY INTERNATIONAL INC.: New debt financing; help fund acquisition of Mattress Firm Group Inc. and repay Mattress Firm’s outstanding debt; Lexington, Ky., designer, manufacturer, distributor and retailer of bedding products.

VERITIV CORP.: New debt financing; Goldman Sachs, RBC, Wells Fargo, BMO, UBS, BNP Paribas, Mizuho, TD Securities, Rabobank, Natixis, Regions, Citizens, ING, Stifel and Scotia; help fund buyout by Clayton, Dubilier & Rice LLC; Atlanta-based distributor of packaging, facility solutions and print products.

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